A Study on Growth of Cotton Industry in Tamil Nadu
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 6
Abstract
In this paper analyze the area, production and yield of Cotton in Tamil Nadu between 2007-08 and 2016-17. Results of the analysis reveal that, World level, it has grown for CAGR at 2.01 per cent and LGR of 0.52 million of 480 lb bales average every year. However, the China with an average of 31.28 million of 480 lb bales declines continuously at CAGR of 4.86 per cent and LGR of 1.41 million of 480 lb bales on an average every year. A significant decline in the production of cotton (Except Brazil) of United States and other countries is also visible during the study period. . In India level, Yields decline continuously at CAGR of 0.44 per cent and LGR 2.13 kilograms per hectare on an average every year. From inferences of these results, it is found that the Area and Production of cotton is significantly better than the Yield of cotton in India. In Tamil Nadu level, there has been a significant and positive growth and trend in area (CAGR = 5.24 per cent, t = 4.16, P < 0.01 & LGR = 0.07, t = 3.59, P < 0.01) and Production (CAGR = 1.83, t = 0.97, P < 0.01 & LGR = 0.08, t = 0.80, p < 0.01) while growth and trend in yields (CAGR = -3.34 per cent, t = -1.72, P < 0.01 & LGR = -23.46, t = -1.63, P < 0.01) are significantly negative.
Authors and Affiliations
Dr. R. ANGAMUTHU
Keywords
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- EP ID EP411319
- DOI 10.9790/487X-2006010106.
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